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Venture capitalists change their healthcare investments

North Country Public Radio / NPR, March 9, 2012

"The changes in the health system are rocket fuel for entrepreneurs," says venture capitalist Bob Kocher. Kocher is eyeing businesses that do things like help hospitals prevent readmissions. The opportunities within complex health care ecosystems are in things as mundane as billing. Investors in Silicon Valley understand that hospitals don't want space-age solutions for tomorrow as much as they want cheap, pragmatic products that can solve basic problems.